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Ironsides' Knapp on Archegos margin call: 'It's amateur hour on the Street'

Some of the severe selling pressure in select U.S. media stocks and Chinese internet ADRs on Friday was due to the forced liquidation of positions held by the multibillion dollar family office, Archegos Capital Management, according to a source with direct knowledge of the situation. Gunjan Banerji, markets reporter at the Wall Street Journal's Money & Investing team, and Barry Knapp, managing partner at Ironsides Macroeconomics, joined "Squawk Box" on Monday to discuss.
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Mon, Mar 29 20217:32 AM EDT